Trust Capital definition

Trust Capital means, at any time, the aggregate amount of Unitholders’ equity;

Trust Capital means all money and property of every nature and kind donated and conveyed or transferred to the Trustees for the Trust Purpose by Onion Lake Cree Nation Chief and Council, the Onion Lake Cree Nation, or by any other person, entity or government and designated by them as Trust Capital and includes all capital gain less all capital loss ever accrued or realized upon such Trust Capital;

Trust Capital means all assets of the trust fund other than trust income. "TRUST FUND" means "the Alabama trust fund" created by this amendment.

Examples of Trust Capital in a sentence

• The Trustees shall deposit and invest all Trust Capital and Trust Income and all monies in their names to hold same in such deposits and investments as are directed and authorized pursuant to this Trust Deed.

• The Trust Income of any fiscal year of the Trust which is not by Resolution of the Trustees added to Trust Capital shall for all time retain its character as Trust Income which may be used for expenditure in any future year for furtherance of the Trust Purpose.

• The Trustees shall be entitled to reimburse themselves out of the Trust Income, but not out of Trust Capital, for all proper costs and expenses incurred by any of them in or about the execution and administration by any of them of the Trusts and their powers and duties as Trustees, provided only that such reimbursement as is reasonable shall be determined by majority resolution of the Board of Trustees.

• The Trustees shall preserve all monies, assets, property and investments in their hands as at the date of this Trust Deed and all monies after this date donated or otherwise transferred or conveyed to the Trust as capital funds in perpetuity as Trust Capital to produce Trust Income for furtherance of the Trust Purpose.

• The Trustees are authorized to fix the remuneration to be paid to such bank, trust company, custodian and investment manager(s) and such remuneration is to be charged to the Trust Fund and payable out of the Trust Capital or Trust Income in such proportions as the Trustees shall from time to time decide upon.

More Definitions of Trust Capital

Trust Capital means such moneys as are transferred to and vested in the Trustees for the purposes of the Trust by virtue of section 11, together with all moneys or other property, real or personal, received by the Trustees in their capacity as such, whether by gift, devise or bequest, or purchased orotherwise acquired by, or vested in, the Trustees for the benefit of the Trust, other than Trust income not accumulated;

Trust Capital means the capital of the Trust as defined in clause 6.5;

Trust Capital means the capital of the Trust as it is assumed in its original state or added to by various accruals no matter how they arise together with all income of the trust fund standing to its credit from time to time;

Trust Capital means the capital of the Trust consisting of the Trust Assets and including any part of the Net Income which is not distributed but is accumulated to the capital after deduction of the aggregate of: -

Trust Capital means the capital of the Trust, consisting of the

Trust Capital means the capital of the Trust, consisting of the Trust fund, but after deducting the liabilities of the Trust, both actual and contingent;

Trust Capital means the capital of the trust, consisting of the trust fund and including any part of the net income which is not distributed and is accumulated to the capital but after deducting the aggregate of –